Climate Change Data

Raymond James Financial, Inc.

Climate Impact & Sustainability Data (2021)

Reporting Period: 2021

Environmental Metrics

ESG Focus Areas

  • Equitable opportunity
  • Environmental stewardship
  • Sustainable investing and finance
  • Responsibility to our communities
  • Accountability

Environmental Achievements

  • Earned the EPA’s ENERGY STAR® certification for five buildings
  • Reduced energy consumption in one building by an estimated 17%
  • Reduced home office energy consumption through capital improvements, improved facility operations and enhanced workforce mobility
  • Reduced paper usage by 13.4 million pages

Social Achievements

  • Launched 20 department-specific diversity and inclusion committees
  • Launched 2021 Mentoring for Black Associates initiative
  • Hosted inaugural Finance Discovery Program for students of color
  • 900 associates participated in Exploring Everyday Bias training
  • 400 associates participated in Café Conversations workshop
  • Raised $7.2 million for United Way
  • Purchased $6.8 million in loans to support Habitat for Humanity
  • Facilitated $12.6 billion in affordable housing investments

Governance Achievements

  • Split the Corporate Governance, Nominating and Compensation Committee into two committees: the Corporate Governance and ESG Committee and the Compensation and Talent Committee
  • Implemented a robust statistical analysis to review associate pay

Climate Goals & Targets

Short-term Goals:
  • Expand LED lighting upgrades to further reduce energy consumption

Environmental Challenges

  • Pandemic-related challenges to traditional volunteering and fundraising
  • Climate change risks impacting operations, clients, and communities
  • Evolving regulatory landscape for ESG investing
Mitigation Strategies
  • Developed virtual fundraising and volunteering initiatives
  • Established a Crisis Management team to assess and direct responses to disruptive events
  • Established a Sustainable Finance Working Group to define and develop reporting approach
  • Established a separate working group to monitor regulatory considerations around ESG investing

Supply Chain Management

Responsible Procurement
  • Supplier Code of Conduct

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather events
Transition Risks
  • Regulatory changes
  • Market shifts

Reporting Standards

Frameworks Used: SASB

Certifications: ENERGY STAR®

Awards & Recognition

  • 100 Corporate Equality Index score (Human Rights Campaign)
  • Social Justice award (MMI/Barron’s Industry Awards)
  • Contribution to Gender Diversity Award (Professional Advisor Women in Financial Advice Awards)